Financial Planning

Financial planning is at the very core of the Aligned Goals planning services we offer to individuals and families seeking to build, preserve and manage wealth over time. Retirement income planning; education, tax, estate planning; and risk management are among the many components of a comprehensive plan designed to help you pursue multiple financial and lifestyle goals.  Business planning is key to a successful exit strategy or family continuation plan for future generations to reap the rewards of a sound business.

We believe that without a plan in place to pursue established goals, it’s nearly impossible to measure your progress along the way. That’s why our approach to financial planning seeks to help you:

Fully assess your current situation, goals and desires
Overcome obstacles and challenges
Recognize and pursue opportunities
Learn new ways to minimize taxes, increase savings and invest more effectively
Adapt strategies to changing life goals or market events
Pursue multiple objectives and life-stage goals
Achieve a greater understanding of financial management principles
Simplify the wealth management process while reducing financial anxiety

Our planning process begins with a review to align your goals and objectives to help determine if you are on track and incorporates these and other important discussion items:

Budgeting & Cash Flow Analysis
Savings & Emergency Funds
Retirement Accumulation
Retirement Income Planning
Education Planning
Tax Planning
Insurance Planning
Estate & Legacy Planning
Charitable Giving

                                                              How We Work

We create individually tailored investment portfolios for affluent individuals and families, corporate executives and business owners. We pride ourselves on keeping your portfolio on track during volatile markets and uncertain times by providing a disciplined, proactive approach. Our investment strategies are designed with the goal to help preserve your assets and minimize risk during market downturns, and help you grow your wealth during market upswings. Ultimately, our goal is to help ensure you are able to retire on your terms and build a legacy for the future.

We work with you to help create an investment portfolio customized to address your short and long-term income needs and personal aspirations, utilizing a broad range of investment managers and strategies to help you pursue your goals. As independent advisors, we have access to a full array of non-proprietary financial products and services as we work with you to help ensure your assets are strategically allocated, diversified and managed.

We seek to create investment strategies tailored to your needs that may include:

Cash and money market funds, Brokerage CDs (FDIC insured)
Municipal, treasury and corporate bonds
Domestic and international stocks
Mutual funds and Structured Investments
Exchange Traded Funds (ETFs)
Fixed and variable annuities
Alternative investments*

* Alternative Investment Strategies include hedge fund strategies, private equity, managed futures vehicles, structured products, equipment leasing partnerships, real estate investment trusts (REITs), 1031 real estate exchanges and oil and gas partnerships. 

No strategy ensures a profit or protects against loss. Investing involves risk including possible loss of principal. Past performance is no guarantee of future results.

There is no guarantee that a diversified portfolio will enhance overall return or outperform a non-diversified portfolio. Diversification does not protect against market risk.

                                                        Retirement Planning

We understand the unique needs and challenges investors face who are about to retire or already retired. It’s important to understand how you will structure your retirement income, how long your income will last, and which sources of income you should tap, including Soicial Security, to mitigate taxes and maximize income potential.

Through comprehensive planning, we can help you prioritize your goals and develop a strategy that seeks to protect and grow your retirement assets. Whether you are in the accumulation phase or have already retired, a comprehensive strategy is essential to helping you:

Pursue retirement income needs, desires and expenses
Maintain lifestyle choices and priorities, ensure that long-term goals and aspirations are funded for travel, healthcare, estate planning, charitable giving and other goals
We can assist you with the following retirement plans and strategies:

Retirement Income Planning
401(k)/IRA Strategies
Traditional and Roth IRAs

                                                             Estate Planning

Preserving wealth from one generation to the next can be complex and time-consuming.
Guidance from a knowledgeable, experienced advisor can go a long way toward helping make sure your financial success is shared with your family, friends and the charitable organizations you designate, according to your wishes.

We have helped generations of families develop wealth transfer strategies that seek to reduce estate taxes while pursuing specific legacy and charitable giving goals.

Legacy Planning often includes many non-monetary considerations that need to be documented or communicated to loved ones.
Charitable Giving can provide tax benefits for you and your heirs.
We can help you articulate your estate planning goals and will work closely with your tax and legal advisors to help ensure your financial strategy reflects your estate planning needs. Or, if you prefer, we can provide a referral to our own team of outside professional advisors adept at the intricacies of estate and tax planning. Whether you use a trust* or another method for accomplishing your long-term estate planning goals, we can assist you in navigating and simplifying today’s complex estate planning landscape.

*LPL Financial Representatives offer access to trust services through The Private Trust Company N.A., an affiliate of LPL Financial.

Tax and legal services are not offered by LPL Financial or AG Wealth Advisors.

                                                         Insurance Planning

Protecting yourself, your loved ones, your home or your business against unexpected events is a fundamental aspect of wealth planning. Closing the gap on potential risks can be tricky without a comprehensive plan and process that seeks to methodically evaluate all potential risk factors. That’s why risk analysis is an integral part of our ongoing process.

Life Insurance
Life insurance products offer a spectrum of death benefit protection, spousal coverage and cash value accumulation features for a variety of needs. Life insurance is also used as an important estate planning tool, helping to ensure your beneficiaries and heirs are not saddled with an undue estate tax burden. After a careful analysis of your situation and objectives, we can help you obtain the coverage that is appropriate for your needs, choosing among insurance programs from many of the nation’s leading providers.

Disability Insurance
For many of us, the ability to work and generate income is our most valuable asset. Protecting it is paramount to pursuing your short- and long-term financial goals. Disability insurance helps guard your income and lifestyle from unexpected interruptions during your working years. Adequate disability coverage can ease the burden of lost income or wages while you recover from an accident or illness. It can also help to prevent the depletion of savings or being forced to sell investments at an inopportune time to raise cash for living expenses.

We work with many of the nation’s leading insurance providers to tailor income replacement coverage to your specific needs, adding the features that are most important to you and your family.

Long-Term Care Insurance
When planning for long-term healthcare needs, it’s important to keep in mind that:

Medicare is not nursing home insurance and does not cover long-term care
Private medical insurance or Medicare supplement plans do not cover maintenance care
Long-term care insurance can help manage healthcare costs and reduce the impact of inflation, while ensuring your healthcare needs, and those of loved ones, are covered well into the future. Adequate financial planning now can help prevent a lifetime of assets from falling short when you need them most.

                                                             College Planning

Whether you’re paying tuition costs now or saving for a future goal, it’s important to determine if your education strategy is compatible with pursuing your retirement income and related financial objectives. Tax considerations and retirement income needs must be weighed and evaluated before choosing a specific strategy. It’s important to remember that while education expenses can be funded through borrowing, retirement expenses cannot.

529 Education Savings Plans
529 Education Savings Plans can be an appropriate choice for many families seeking to set aside funds for future college or other education expenses on a tax-deferred basis.

As independent advisors, we are under no pressure to recommend specific education savings programs or proprietary products of any type. Our only concern is which program addresses your needs.

Prior to investing in a 529 Plan, investors should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.

                                                               Tax Planning

Nearly all financial decisions have tax ramifications. Tax liabilities associated with income, estate, gift and real estate taxes, among others, can take a toll on your wealth. Our team of experienced professionals can help coordinate the various aspects of your financial plan to maximize tax-efficient strategies in line with pursuing your overall financial goals.

We are always happy to work with your CPA or other tax professionals, or refer you to professionals we work with on a regular basis. This can help to ensure your tax planning needs are fully addressed across all aspects of your finances, including year-end planning and estate planning.

Tax services are not offered by LPL Financial or AG Wealth Advisors.

                                                                Trust Services

Trust services are available through The Private Trust Company, N.A., (PTC) an affiliate of LPL Financial. The Private Trust Company, N.A., serves as trustee, co-trustee, or agent for the trustee while specializing in delegating investment management to financial advisors. This model allows our clients to utilize The Private Trust Company to provide professional trust administrative services while we provide investment management services.

PTC serves in an administrative corporate trustee role, providing all record keeping, accounting and tax preparation; also, PTC ensures that trusts are managed and distributions occur according to the terms of the trust document. Licensed in all 50 states under its 1995 national banking charter, the bank does not engage in any lending or deposit taking, therefore specializing solely in providing fiduciary services.

Together with The Private Trust Company we can assist you with these and other needs:

Revocable Living Trusts
Irrevocable Trusts
Charitable Remainder Trusts
Charitable Lead Trusts
Special Needs Trusts
Private Foundations Guardianship
Family Office Group Relationships
Custodial Relationships
Agency Relationships

Schedule a Free Consultation |  (512) 765-6767